Self-Storage Facility Sells for $4.9M in Fond Du Lac, WI

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Hoerth Storage, a 132,853-square-foot self-storage facility in Fond Du Lac, Wis., recently sold for $4.9 million to a private investor. The property at 501 W. Rolling Meadows Drive is on approximately 12 acres. It includes 18 single-story buildings with 379 storage units, 35 of which are climate-controlled, and 21 commercial-warehouse spaces. Built in 1996, the property’s amenities include an onsite manager’s office, security lighting, video cameras, and drive-up bay doors for the commercial spaces.

Investment specialists Sean M. Delaney and Matthew E. Duda from the Chicago/Oak Brook office of Marcus & Millichap Real Estate Investment Services represented the buyer and seller, a developer. They were assisted by broker Matthew Fitzgerald in closing the transaction.

Marcus & Millichap has more than 1,300 investment professionals in offices throughout the United States and Canada. The company closed more than 6,600 transactions last year with a value of approximately $24 billion.

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